Promotion cycles at firms- with all this D scatter plot talk was curious to know the timing of reviews/promotions at other big 4 & MBB

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Review cycle starts in May with official promo announcement in June (just to clarify)

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Why is Deloitte's so drawn out? It's not like it's any more effective or rigorous...

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Yeah, you get your performance bonus 6 months after it's earned at D. Sucks.

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@D2 that's not out of the ordinary... Our reviews happen in May (decision is made), communicated in June, bonuses paid out in Sep/Oct

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Firms do it for retention purposes. By the time you get your bonus/promotion you're already more than halfway through the next performance year. Fuck em doe.

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Every six months for consensus review + possible promotion.

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It's mostly when going from CTL to Manager and from Principal to Partner that the 6-month window comes into play. It actually feels less cutthroat - it's like I get three tries - early, on time, late - and I don't have to wait a whole year.

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June

Promos become effective July 1

We are doing mid-years now. EOY reviews start mid to late June. Promotions are published in late August to early September, effective October 1st.

Bonus is paid 1st paycheck after promotion becomes effective.

The half year promos seem cutthroat as hell but awesome at the same time at MBB

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